The real estate company Fastpartner reports a management result of 188 million kronor for the second quarter of the year. This can be compared to 201 million during the corresponding quarter in 2023.
Rental revenues increased to 574 million from 553 million a year earlier.
The company has zero unrealized changes in value on its properties during the quarter. This can be compared to the write-down of 1,503 million kronor during the corresponding quarter a year earlier.
"The rental market is generally weaker today than a few years ago, and we can establish that the number of bankruptcies among smaller companies is at a slightly higher level than before," writes CEO Sven-Olof Johansson in a comment.
"In general, we can establish that almost everything in our surroundings suggests lower interest rates or even much lower interest rates," he adds.
